In an earlier post we looked at the The World’s 50 Safest Banks based on rankings by the Global Finance magazine. In this post lets take a quick look at the safest banks for 2010 by region.
a) The World’s Safest Banks in Asia 2010
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b) The World’s Safest Banks in Australasia 2010
[TABLE=528]
c) The World’s Safest Banks in Middle East 2010
[TABLE=531]
d) The World’s Safest Banks in Latin America 2010
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e) The World’s Safest Banks in North America 2010
[TABLE=532]
f) The World’s Safest Banks in Central & Eastern Europe 2010
[TABLE=529]
g) The World’s Safest Banks in Western Europe 2010
[TABLE=533]
Some interesting points from the above lists:
- JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) have dividend yields of less than 1%.
- CorpBanca SA(BCA) and Banco De Chile(BCH) have high yields of 5.91% and 4.85% at current prices.
- Based on Friday’s close, National Australia Bank(NABZY) and Westpac Banking Corporation (WBK) have dividend yields of over 5% while Commonwealth Bank of Australia (CMWAY) pays a 6.53% dividend.
This is what we have been waiting for. Thanks for the attempt, but it would be more helpful if the Balance Sheet basis for listing these particular banks was also shown in comparitive form. For example, JPMC can value their vast off balance sheet derivatives and naked shorts to their own model, not to market. What market, and where are the FASB impairments? If you include JPMC because you believe they have a secret Govt guarantee for their daily market manipulations, or are just too massively big to fail, then say so, and let us decide the value of that. With JPMC included, then in my opinion, the list is meaningless. But I do appreciate their sponsorship of the US open. And thank you for omitting GS.
Thanks for the comment.Sorry for the delayed reply. Yes I totally understand your points. However all these banks were selected based on factors evaluated by the Global Finance magazine. There is site is: http://www.gfmag.com. Please check out their site for more details. And yes I am also glad that GS is not in this list.